RBI Registration

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MTSS

All about the Money Transfer Service Scheme

Money Transfer Service Scheme

A speedy and stress-free mode used for transferring personal remittances from abroad to recipients (beneficiaries) in India is known as the Money Transfer...

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FEMA

Transfer of Indian Company Shares to Foreign Company...

Transfer of Indian Company Shares to Foreign Company

Any  Foreign Company incorporated under prevailing companies Act registered in India, if want to transfer the share from resident to non-resident then the...

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Prepaid Wallet License

Legal Framework in India for Payment Gateway

Legal Framework

Legal Framework in India for Payment Gateway The Basic &Primary Act governing pre-paid instruments in India is Payment & Settlements Act, 2007. The...

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Prepaid Wallet License

Introduction to Prepaid Payment Instruments

Prepaid Payment Instruments

PPI (Pre-paid Payment Instruments) is one of the payment instruments that enable the transactions like buying of goods & services, comprising of funds...

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Prepaid Wallet License RBI Registration

Difference Between Closed Wallet & Semi Closed Wal...

Closed Wallet

A facility provided for payments that permit individuals to send & receive money from a mobile device or desktop computer at no cost to either sender o...

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Micro Finance Company RBI Registration

Is Director Salary Allowed at Microfinance Company?...

MFI

Microfinance company provides financial support to entrepreneur and small businesses. Micro Finance company is part of Non-Banking Financial Company who pr...

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Micro Finance Company

Lending Process by Microfinance Company

Microfinance

Microfinance institutions are the oldest financial institutions in the world but as per the time they are adopting the changes and have started adopting va...

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FEMA

Compounding of offences under FEMA

Offences under FEMA

To settle a matter by a money payment in lieu of other liability means Compounding. This meaning clearly defines the concept of Compounding as a mechanism...

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